carte blanche

carte blanche definition - business

carte blanche

Complete freedom to act. For example, a board of directors may offer a new chief executive officer carte blanche, or complete discretion, in restructuring the firm's operations.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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